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Milford Center, OH—43045

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$306,000
0.4% YoY Growth
Household Income
$103,000
26.3% YoY Growth
Days on Market
76
15.0% Longer YoY
Home Price Forecast
2.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Milford Center, OH

As of Dec '25, the median home price in Milford Center, OH is $306,000, with a year-over-year change of 0.4%. This indicates that home prices in Milford Center, OH are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$306,0000.4%
Single Family $306,0000.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$224,000-0.9%
    3 Bed
    		$315,0001.6%
    4 Bed
    		$381,0001.3%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    5.0%
    2 Bedrooms
    14.4%
    3 Bedrooms
    54.8%
    4 Bedrooms
    18.7%
    5+ Bedrooms
    7.2%

    Rental Trends — Milford Center, OH

    Milford Center, OH lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    26.3%
    3 Bedrooms
    44.7%
    4 Bedrooms
    28.9%

    Property Listings — Milford Center, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in Milford Center, OH is 39. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$230,000-42.0%
    Listing Count
    		673.0%
    Listings as % of Homes0.2%73.0%
    Days on Market
    		7615.0%
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    Demographics — Milford Center, OH

    As of the latest ACS Survey released in 2023, Milford Center, OH has a population of 1,660, which has decreased by -16.0% over the past 5 years. Milford Center, OH is a popular place for families, as children make up 27.7% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,660-16.0%
    % Under 18
    		27.7%22.0%
    % Seniors
    		16.2%32.8%
    % WFH
    		6.7%48.9%
    % w/ College Degree
    		30.6%-2.2%
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    As of the latest ACS Survey released in 2023, Milford Center, OH is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 13.1% in the last 5 years. The second most common race or ethnicity in Milford Center, OH is black, making up 2.4% of the population. Foreign-born residents account for 1.3% of the population in Milford Center, OH, and this percentage has increased by 333.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.0%-13.1%
    % Black
    		2.4%∞%
    % Hispanic
    		0.2%-92.6%
    % Asian
    		0.1%-66.7%
    % Foreign Born
    		1.3%333.3%
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    Mortgage and Risk — Milford Center, OH

    According to HUD data as of 2023, there were 73 mortgage originations in Milford Center, OH, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Milford Center, OH. Investor activity is low, as 0.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		73
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		29.0%
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    Rentals and Section 8 — Milford Center, OH

    Milford Center, OH lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,040
    2 BedroomN/AN/A$1,340
    3 BedroomN/AN/A$1,620
    4 BedroomN/AN/A$1,780

    Affordability — Milford Center, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.6
    Median Home Price$306,000
    Median Household Income$103,000

    Milford Center, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Irwin, OH

    43029

    Woodstock, OH

    43084

    Unionville Center

    43077

    Marysville, OH

    43040

    Woodstock, OH

    43060

    Frequently Asked Questions